Arbitrum DAO passes $23M extra budget to fund all grant applicants
The Arbitrum community is expanding its grant program budget to over $70 million, supporting a total of 56 projects. Go to Source
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Bankless controversy forces founders to burn tokens and separate from DAO
The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO some two years after the launch of DAO. Go to Source
Abu Dhabi pioneers DLT regulation for DAOs and Web3 innovations
Abu Dhabi aims to become a crypto hub alongside Dubai, in a move that’s part of a larger goal to foster initiatives in the broader blockchain and digital asset realm. Go to Source
Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper. Go to Source
DeSci-focused DAO community funds cancer research
VitaDAO community agreed to fund an early-stage cancer research through the launch of a biotech company named Matrix Biosciences. Go to Source
BarnBridge DAO votes to comply with SEC order
The voting ended with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary. Go to Source
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021; however, some commentators have raised doubts. Go to Source
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August. Go to Source
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government. Go to Source
JPEX crypto exchange launches asset-lock-up plan, as some users cry foul
JPEX has pushed ahead with its DAO Shareholder Dividend Scheme. However, some users claim their assets are being converted without their knowledge. Go to Source
